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My considered opinion: it's good, but not great. For me, at least, the 5-way nav control is too small and fiddly for my fat fingers - I keep accidentally pressing the central button instead of one of the directional buttons. There are many things that have to be done with this nav control that a touch screen would have made much, much easier. Collections are no substitute for real folders, and the process of assigning books to collections is tortuous for large numbers of books. The web browser is extremely "flaky" and causes the Kindle to reboot frequently.
On the plus side, the screen is excellent - the best eInk screen I've seen so far, and of course the process of buying books really could not be easier. The actual "reading experience" is second to none.
Is the K3 the best eInk device on the market? I have to say "no" - I think the BeBook Neo is much better, but it's from a little-known manufacturer and costs twice as much as the Kindle. I'm sure that the Kindle is going to be an enormous success; it's probably the best value for money device on the market.
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